Items tagged with Business
Lenovo's been on a roll as of late, and as a result, it's been rolling in the dough. The PC maker reported pre-tax income of $192 million for its third fiscal quarter ended on December 31, 2011, a whopping 59 percent year-over-year increase and a record high, along with record quarterly sales of $8.4 billion. Those...
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Fujitsu is chasing after business users living in Japan with its new and weirdly named Stylistic M350/CA2 Android tablet. It's a 7-inch slate Fujitsu recommends for a variety of enterprise applications, such as a portable tablet for pitching business presentations to clients, a digital display terminal for retail...
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Apple may be closer than you think to true worldwide PC domination. While the company has long-since dropped the "Computer" from "Apple Computer," evidently things are looking up on the PC side. Microsoft has held a huge, huge advantage in the desktop OS marketshare race for years, even as the iPod demolished the Zune...
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Samsung's rolling in the dough after posting a profit of 5.3 trillion won in 2011, or $4.73 in U.S. currency, representative of a staggering 79 percent year-on-year growth rate. Smartphone sales have been for key for Samsung, and despite ongoing litigation with Apple over patent infringement claims, Samsung's shipped more mobile phones in...
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If there were any lingering doubts about Apple CEO Tim Cook being capable of keeping the momentum going that Steve Jobs initiated before his untimely death, go ahead and toss them out the window. Apple last night announced quarterly revenue of $46.33 billion and quarterly net profit of $13.06 billion, both record numbers for the Cupertino...
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Even though it's illegal to print your own money, the end result of what Intel's doing isn't all that much different. We're not suggesting the Santa Clara chip maker is running afoul of the law in any way, but when you report full-year revenue of $54 billion, as Intel just did, the results are the same -- money to...
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The video chatting and collaboration aspects of unified communications (UC) are a big deal in the enterprise as companies routinely work with far-flung companies and employ remote workers in droves; for that matter, large companies rely on it as employees working in separate buildings or on different floors need to...
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Perhaps Dish Network should just pull the plug on Blockbuster completely, but instead it looks like the once popular DVD rental store is destined to die a slow death. The satellite service provider indicated it would be closing more Blockbuster locations in the coming months than originally planned, and those that...
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Shares of Netflix rose by more than 6 percent on Monday after a trade publication reported Verizon was kicking around the idea of acquiring the streaming service. The publication -- Deal Reporter -- didn't reveal its sources, but was very clear about Verizon wanting to get into the streaming sector, and that buying...
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Best Buy appears to be having a bit of trouble pushing its mega store mentality over in Europe and has decided to shutter all 11 of its U.K. pilot big box stores. The electronics chain crunched the numbers and came to the conclusion that it makes more financial sense to refocus its efforts in Europe on its installed base of 2,500 small box...
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Remember that awful sound that would emanate from your dial-up modem every time you hopped onto the Internet? Most of us have since graduated to broadband bliss, at least those of us fortunate to live anywhere but the boonies. As it turns out, dial-up is still mildly popular, and whether that's by necessity or choice...
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Sony took somewhat of a beating today in afternoon trading after the company reported consolidated financial results for its second fiscal quarter ended September 30, 2011. Shares of Sony dropped nearly 7 percent earlier in the day, based in large part on Sony's warning that it could be staring at a fourth straight...
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Dropbox announced a new service designed for businesses. Recognizing that people are already using Dropbox in over one million businesses around the world, the Dropbox team thought it was time to create a service specifically for businesses. This is where the new Dropbox for Teams service comes into play. With this new offering, you'll get...
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International Business Machines (IBM) this week elected Virginia M. Rometty president and chief executive officer of the company, as well as a member of the board of directors. She'll assume these roles effective January 1, 2012, at which time she'll go down in IBM's 100-year history as the company's first female CEO. "Ginni Rometty has successfully...
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During Leo's final days at CEO of HP, there was a lot of talk regarding the personal PC business, and the company's future relationship with Autonomy. Now, as Meg Whitman has confirmed that she'll be making the decision on the former within a month or so, the latter has come to a conclusion of its own. HP announced this week that they had...
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Hewlett Packard made some major (and controversial) moves under the leadership of Leo Apotheker, the CEO that was just ousted. You have Mr. Apotheker to thank for your $99 TouchPad (and to curse for abandoning webOS hardware). He initiated a $10.3 billion cash acquisition of a U.K. software maker. But arguably his biggest move is in convincing...
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Well, there are surprises and then there are things you'd expect to happen. This is a tale involving both. PreCentral has managed to get their hands on new internal HP documentation that somewhat describes how things are going to go down now that they've made the heartbreaking decision to kill off webOS consumer devices. The memos, which were...
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Sure, D-Link probably makes that router in your house, and it definitely makes your Boxee Box, but how about some enterprise love? That's what enterprise consumers are getting today, with the company introducing the ShareCenter Pro N-Series and S-Series models offering disaster recovery capabilities for remote backup...
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Earlier this week, a Sprint executive said the company would offer cloud services for all sizes of businesses. Sprint’s cloud service is expected to be available in the fourth quarter. As part of these cloud offerings, Paget Alves, head of Sprint business markets, said the company will sell its network infrastructure as a service available...
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Sprint launched new wireless and voice data plans that are designed with the needs of businesses in mind. These new plans waive the long-term contract and let businesses pool minutes. The plans also enable customers to choose from a selection of business-grade handsets. Businesses can also pool Business Freedom and other Sprint plans on the...
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T-Mobile announced new pooling plans designed for small businesses. In all, there are 11 new shared plans. The new plans start at $59.99 per month for two lines. This plan includes 1000 Whenever minutes and does not require an activation fee. Additional lines cost $9.99 each per month. The various plans support different numbers of maximum...
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Domain registrar GoDaddy.com has been on the auction block since September of last year, and it appears the site has finally found a buyer willing to pay a high enough asking price. Actually, three buyers, including private equity-firms KKR & Co. and Silver Lake Partners, and private equity and venture capital...
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